Bitcoin is Closing in on its Highest Ever Price says Business Insider

The cryptocurrency is up
2.8% at $1241.35 a coin and is within striking distance of its
all-time closing high of $1277.65, which was set on March 6.
Four days later, bitcoin put in a record high of $1327.19 before
crashing more than 25% after the US Securities and Exchange
Commission rejected the Winklevoss twins’ plans for a bitcoin
ETF.
The SEC
rejected the plans for another bitcoin ETF just a few weeks
after that.
However, bitcoin has rallied off its March 24 low of $959.45 as
it has gained acceptance elsewhere.
Bitcoin has been the top-performing currency every year since
2010, aside from 2014.